is well regulated, with a superb selection of tradable assets
and asset classes, fast withdrawal times and some negative user feedback.


Company Name:
WebTrader, MetaTrader 4, MetaTrader 5
Payment Methods:
Credit Cards (Visa/MasterCard/Maestro), Skrill, Neteller, Sofort, Giropay, Ideal, P24, EPS, Bank Wire (SEPA/Swifts), Ingenico (Bank Wire)
Phone Support:
Publicly Listed:
Trust Score:


Min. Deposit:
EURUSD Spread:
As low as 1 pip
Average Spread:
As low as 1 pip
Up to 1:300 for Pro Accounts
US Clients:
Dealing Desk:
Web Trading:
Managed Accounts:
Withdrawal Process Time:
24 hours
Spreads, roll overs/swats, inactivity fee.


- Fully regulated
- Fast withdraw time
- Customer support
- Free one on one trading
- Free edu center.


- No Managed Accounts
- Does not accept US traders

Founded in 2009, is an online Forex/CFD brokerage based, regulated and licensed in Cyprus. While at first glance the brokerage seems to be a fair and honest operation, digging up some user feedback on it will unearth some unsettling details.

There was apparently at least one person, who took advantage of a slip-up on the  part of the broker regarding its liquidity provider on crypto CFDs. This person amassed profits totaling more than EUR 350k, in an allegedly legal way. never paid this person his profits.

In addition to this incident, other people have apparently complained about having had their profit withdrawals denied by the operation.

It also later transpired that most of these people were in fact able to recoup their profits, with the exception of the mentioned  person who built up too large a “hoard” to be let off the hook.

The corporate entity behind the brand is Trade Capital Markets. For some reason, in the documents provided to us by the brokerage, the corporate entity is designated TCM Ltd. Website Screenshot

The address of the company is 148 Strovolos Avenue , 1st floor, Strovolos, CY 2048, Nicosia, Cyprus.

As mentioned, the broker is licensed and regulated by CySEC. Its license number is 227/14, which makes it clear that it was issued in 2014. That raises the question: under what type of license did the broker operate between 2009 and 2014?

Its CySEC license makes MiFID-compliant. What that means for the operation is that it can peddle its services legally in most of the EEA. There are a handful of countries where such financial services are expressly banned however. does not accept traders from the US either.

What is the unique selling angle of the operation? Why should you sign up? is focused on trader education and on the provision of an extensive range of trading tools. This is the extra value the broker delivers.

The economic calendar is great for those looking to mix some sound fundamentals into their technical analysis. The calendar even comes with a handy volatility assessment gauge, which provides early warning concerning the waves the featured event is likely to cause in the markets.

Daily pre-session overviews are also offered through the Market Outlook feature.

The Education Centre covers just about every angle of trading. It is designed to benefit everyone from beginners to advanced traders. There is however a dedicated beginners’ course, which takes new traders through the paces of the basics, all the way to winning strategies.

The MT4 course is a sort of introduction to the ins and outs of the trading platform. Everything in the Education Centre is available in a handy video format.

Advanced charting is a major draw as well, though it is hardly unique. MT4 is superb for this purpose, and all brokers supporting this trading platform offer such charting capabilities. Account Types

The broker offers 5 different account types, all focused on CFDs. The most basic of these is the Micro Account.

The minimum required deposit for this account type is just $100. For that money, traders get spreads starting from 0.3 pips on Gold and 3 pips on major currency pairs. All this is a bit steep…

The Micro account features desktop as well as mobile trading, as well as 24h customer service and that’s about it.

To kick things up a notch, traders can make a deposit of $1,000 (which is indeed quite the leap from the $100 of the Micro Account).

The Silver account features better spreads and more extra features. On Gold, its spreads start from 0.6 pips. On major currency pairs, the spreads start from 1.9 pips.

This account type offers daily analysis as well as access to dedicated account managers. Since this is a dealing desk broker, we will have to advise against making use of the services of these managers.

The Gold account features a minimum deposit requirement of $10,000. The spreads are better still with this account type. For Gold, they start from just 0.56 pips. On major currency pairs, the minimum spread is 1.5 pips.

In addition to the features offered by the Silver Account, the Gold Account provides premium daily analysis. Access to Trading Central is also part of the Gold package.

Those who want more still, might find the Platinum account an attractive option. This account type offers access to the full suite of special features supported by the broker. What that means is that in addition to everything delivered by the Gold Account, the Platinum one features premium customer support too.

Of course, the spreads are even more attractive on this account.

The Exclusive Account offers by far the best trading conditions. With a minimum deposit of $100,000, this account type covers all the extra features and more.

Spreads on Gold start from as little as 0.4 pips. On major currency pairs, the minimum spread is 1 pip.

The absolute maximum available leverage on all these accounts is 1:300 for professional accounts. Market Coverage

The tradable asset selection offered by the broker is quite superb. Scores of major-, minor- and exotic currency pairs are supported, together with cryptocurrencies, bonds, stocks, indices, commodities and ETFs.

As far as cryptocurrencies go, the official website does not list any actual pairs. What is clear however is that regardless what crypto pairs are supported, the broker does not actually sell any cryptos to its users. Whatever trading happens, it happens through CFDs, which are derivatives that offer a way to speculate on the value of an underlying asset. Trading Platforms’s trading platform selection is fairly standard, yet at the same time very re-assuring. It covers all the needs beginner and advanced traders may have in this regard.

The WebTrader is for those who cannot download and install software for some reason. At a few clicks, it lands traders right in the midst of the action, requiring nothing more than a web browser. It still delivers most of the features and functionality of MT4.

MT4 is the gold standard platform-wise. Its popularity is a direct consequence of its capabilities and functionality.

Through MT4, traders can access multiple products, such as: commodities, bonds, stocks, indices, CFDs as well as FX pairs.

The charting and analysis capabilities of MT4 are unparalleled. There are scores of technical indicators included in the downloadable version and more can be added any time.

Traders are free to fully customize their MT4 trading environment. Automated trading through EAs is also available.

MT5 is destined for the trading of US stocks and ETFs. An evolutionary iteration of MT4, MT5 is somewhat less popular than its predecessor. It is not MT4’s direct competitor either, as it is aimed at different markets. MT4 Screenshot Deposits and Withdrawals

The broker accepts credit cards, wire transfer, Skrill, Neteller and WebMoney. Conclusion

Despite some negative user feedback, the brokerage is fully regulated in several jurisdictions. It boasts some fast withdrawal times and it offers free one-on-one trading.

It also features a superb selection of tradable assets and asset classes. Its trading platforms are nothing to sneeze at either. Its Education Centre is massive and it delivers information in an easy-to-digest form.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.36 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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